Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000

402 viewsMarch 16, 2024[ISC] Ratio Analysis

Anurag Pathak28.60K March 12, 2024 0 Comments

Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000.

Calculate Inventory Turnover Ratio.

[Hint: Closing Inventory = Opening Inventory + Purchases – Cost of Revenue from Operations (Cost of Goods Sold).]

Anurag Pathak Changed status to publish March 16, 2024

Add a Comment

1 Answer

Anurag Pathak28.60K Posted March 12, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 12, 2024

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8132

Telegram Channel

Telegram Channel

Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions